Noranda is more than copper -- we have one of their Al mills here --
2003 Revenue by Business
Copper - 46%
Nickel - 28%
Aluminum - 15%
Zinc - 9%
Other - 2%
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2003 Geographic Distribution of Capital Assets
Canada - 42%
Chile - 27%
Peru & Other - 19%
United States - 12%
Noranda Inc. is an integrated mining and metals company. Its principal business is the ownership and operation of mining and metallurgical assets and the addition of value through the development and management of these assets. Noranda's principal products are copper, zinc, aluminum and nickel. These metals accounted for approximately 80% of Noranda's consolidated revenues for the year ended December 31, 2002, with the balance coming from by-products and co-products that include silver, gold, platinum group metals, lead, selenium, tellurium, cadmium, indium, cobalt, nickel sulphate and sulphuric acid. The principal markets for Noranda's products include the steel and foundry, construction, telecommunications, automotive, agricultural and chemical industries. In 2002, the United States was the principal market for Noranda's products, accounting for 43% of consolidated sales, with Canada accounting for 19% of consolidated sales. |
